Stocks to buy

Not many investors are familiar with special purpose acquisition companies (SPACs), a special breed of IPO stocks that enable well-connected sponsors to raise hundreds of millions of dollars from the public markets. Often referred to as blank-check companies or blind pools, the sponsors have 24 months from the day the IPO funds are raised to

Are we having fun yet? These are turbulent times on Wall Street, so today’s write up is a little different than most. But first, it is imperative that we acknowledge that this virus pandemic is extremely tragic and our thoughts go out to those who are affected by it. I am confident that just like

Along with most other stocks since late February, Oracle (NYSE:ORCL) has been on bearish path. Note that the shares have gone from $55 to $39.80. But today, there was a nice change in direction: ORCL stock is up 14% to $45. Source: Sundry Photography / Shutterstock.com This is due to a combination of a snap

Shopify (NASDAQ:SHOP) has to be one of the more frustrating growth stocks out there. Valuation is through the roof and there are plenty of doubters. But before the coronavirus-induced selloff, Shopify stock was on fire, as the company continues to deliver on growth. Source: Beyond The Scene / Shutterstock.com I don’t think investors have missed

The stock market remains tense over the coronavirus from China and its impact on global GDP growth. In the very short term, fear and uncertainty are dictating the market direction. Source: Jonathan Weiss / Shutterstock.com However, this is bound to change in the coming months, and beaten-down stocks will rally. One stock that’s worth accumulating

Stocks have been getting pounded for the past month. And with huge volatility every day, it’s hard to trust any rebound at the moment. That said, some investors have been complaining that there are still relatively few bargains within the tech space. By and large, tech companies have held up even as other sectors like

With Nokia (NYSE:NOK) stock hammered by recent sell-offs, is now the time to buy? The telecom equipment also-ran has its work cut out for them. But while Huawei and Ericsson (NASDAQ:ERIC) may be ahead in 5G contracts, catalysts remain in motion. Source: RistoH / Shutterstock.com For one, the U.S. government has an interest in propping

Plug Power (NASDAQ:PLUG) is riding a wave of positive momentum that could see higher prices for years to come. But everything I say today comes with the caveat that Wall Street is in turmoil. Despite PLUG stock’s long-term thesis, there are macroeconomic influences that could change its short-term trajectory. Source: Halfpoint/ShutterStock.com Energy — particularly oil —

What was once a disease that many pundits compared to the flu — the coronavirus from China — has turned into a global pandemic. Recently, we’ve seen historical volatility rip through benchmark indices such as the Dow Jones and S&P 500. Promises of stimulus packages have introduced some optimism, but the overall mood appears shaky.

There is no shortage of reasons to like Microsoft (NASDAQ:MSFT). The company has been flying high since the appointment of CEO Satya Nadella in 2014, and now boasts a market capitalization of $1.23 trillion. Like most stocks, Microsoft has felt the impact of the coronavirus from China. However, even taking that setback into account, Microsoft

As the coronavirus from China spreads globally, economic uncertainty has deepened. However, amidst every challenge and market plunge, there are golden buying opportunities. I see one such buying opportunity in 3M Company (NYSE:MMM) stock. Since reaching $181 in January, MMM stock has tumbled 17% to $148 today. In my opinion, the stock’s valuation is attractive

There are a lot of different ways to play the stock market, especially now as the coronavirus from China creates extreme volatility. There are a ton of places to find bargain investments, but a good place to start is the financial sector. Financial stocks have taken a beating over the past few days as lower

Inovio Pharmaceuticals (NASDAQ:INO) has become the top “must-own” coronavirus stocks. Source: Ascannio / Shutterstock.com The last time I weighed in on the stock, it traded at $4.86. That was on Jan. 30. Now, more than a month later, shares of Inovio are up to $13.32. The best part is that the stock shows no signs

The market drops 4% one day. The next day it rallies 4%. Then it sells off again. And then back up. Good news can be bad news — and vice versa. It’s all a bit confusing right now. And on top of it all, it’s hard to pull out what is related to the coronavirus

Dick’s Sporting Goods (NYSE:DKS) reports its fourth-quarter 2019 results March 10 before the markets open. Including dividends, DKS stock is down 30% year to date. Source: Jonathan Weiss / Shutterstock.com Shareholders really need some good news. The question is whether they’ll get it.  In the past four quarters, Dick’s has delivered positive earnings surprises of 0.90%

Shares of personalized styling service Stitch Fix (NASDAQ:SFIX) have plunged over the past few weeks on concerns that the novel coronavirus outbreak — which is now undergoing community spread in the United States — will materially slow the U.S. economy and Stitch Fix’s business. From its mid-February highs, Stitch Fix stock has dropped more than

Writing about Ford (NYSE:F) hasn’t been easy in recent years. The coronavirus is the latest issue to plague F stock. Down almost 23% (including dividends) in the past month through March 4, one of America’s big three is trading at levels not seen since 2009.  Source: Philip Lange / Shutterstock.com I’ve been both positive and

Investors in cannabis stocks through 2019 suffered a bumpy ride and hoped for a better 2020. However, their hopes haven’t panned out so far. And unfortunately, the dream of fast-paced mainstreaming and federal legalization in the U.S. has only led to disappointment. In an email to InvestorPlace, Andrew Schnackenberg, Professor of Management at the University

Ambev (NYSE:ABEV), the Brazilian brewing company that focuses on Latin America, has seen its stock decline to multi-year lows. In the last five years, the high of Ambev stock was $7.10.  The shares are currently about 55% below that level, as they are changing hands for $3.28. Source: rmcarvalhobsb / Shutterstock.com While Ambev is facing

President Donald J. Trump is not a man who lives with regrets. However, after staging a press conference near the end of February to reassure the American people regarding the coronavirus pandemic, he may be wishing right now for a do-over. At the time, Trump “boasted” about having the country having only 15 cases. Now,